Indiana gaming officials turn down NCAA’s request to ban prop bets
Regulators say banning the bets is a job for the Indiana General Assembly.
Read MoreRegulators say banning the bets is a job for the Indiana General Assembly.
Read MoreA bill that would put a $500 million casino in northeast Indiana is heading to the governor’s desk with mandatory referendum language — a previous point of contention among some lawmakers.
Read MoreAn amended House Bill 1038 passed the Indiana Senate Appropriations Committee in an 8-5 vote that saw bipartisan opposition.
The bill now moves to the Senate Appropriations Committee, which could consider changes that include narrowing where a casino could be located.
House Bill 1038 could see the gaming license in Rising Sun move to Allen, DeKalb, Steuben or Wayne counties.
The results of a study released earlier this year showed two places in Indiana—downtown Indianapolis and the Fort Wayne area—would thrive with a new casino license, but where lawmakers focus will their efforts isn’t yet clear.
The analysis shows that relocating an existing casino to the state capital would generate a huge amount of revenue, but would draw some away from other gambling facilities.
A feud between the General Assembly and the Indiana Gaming Commission escalated late Friday when lawmakers approved language blocking the commission from getting more money without their approval.
Key Republican lawmakers on Tuesday scolded the Indiana Gaming Commission over how it levies fines and more—and threatened to take legislative action if changes aren’t made.
Under the plea agreement, Sean Eberhart will pay restitution of $60,000, although it’s unclear if he’ll serve time in prison.
A proposal to legalize online casino gambling in Indiana has failed to gain traction for a third consecutive year despite earlier optimism about its prospects. A powerful confluence of factors led to its demise.
Indiana could earn between $341 million and $943 million in taxes from iGaming over three years, depending on the rate adopted.
The Indiana Gaming Commission said the state’s online and retail sports wagering operations could accept bets on alpine skiing, bobsled, cross-country skiing, curling, ice hockey, short-track speed skating and speed skating.
One of the companies that was pass over for the license, Las Vegas-based Full House Resorts, has sued the Indiana Gaming Commission, claiming it didn’t follow state law when it picked Churchill Downs to develop the casino.
The Indiana Gaming Commission has started reviewing applications from four companies for the casino license that were submitted in September.
Sara Gonso Tait’s six-year tenure has been marked by several major rulings involving casinos and fines imposed against their operators.
The Indiana Gaming Commission voted Thursday not to renew Lucy Luck’s license for a planned casino in Terre Haute after it failed to complete financing for the project.
The Indiana Gaming Commission filed a response Thursday in Marion Superior Court to a lawsuit filed last month by seven investors in Spectacle Entertainment, the parent company of two casinos in Gary and a casino under construction in Terre Haute.
The 53-day lag between when the commission ordered Spectacle to remove Rod Ratcliff from his role as an owner to when the company complied was unacceptable, according to Gaming Commission Executive Director Sara Gonso Tait.
The Indiana Gaming Commission alleges longtime casino executive Rod Ratcliff funneled money from his former company into a personal gambling account and repeatedly concealed financial information from the commission that should have been disclosed.
The Indiana Gaming Commission has more than 10 people under investigation for possible financial misconduct that would violate state casino laws or regulations, said Sara Gonso Tait, the commission’s executive director.
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.